Talwalkars Better Value Fitness Limited accepted the resignation of Arvind Pradhan Bhanushali as non-executive director effective August 24, 2026. The departure follows a personal reason cited by the director.

The company notified the Bombay Stock Exchange and National Stock Exchange under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Meena Arvind Bhanushali, managing director, signed the intimation letter.

Resignation Details

Arvind Pradhan Bhanushali confirmed there were no other material reasons for his exit besides personal matters. He requested the board to record his resignation and complete necessary statutory filings with the Registrar of Companies.

The disclosure aligns with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023.

Talwalkars Better Value Fitness Limited has appointed Meena Arvind Bhanushali as its new Managing Director, marking a significant leadership transition within the fitness services firm. The Board of Directors approved the appointment on August 18, 2026, with the role becoming effective from August 19, 2026. The appointment is subject to shareholder approval at the ensuing General Meeting and regulatory/statutory authorities.

Arvind Pradhan Bhanushali, who served as the outgoing Managing Director, tendered his resignation from the executive role effective August 18, 2026. He will continue his association with the company as a Non-Executive Director. In a separate development, Kurjibhai Premjibhai Rupareliya resigned from the position of Executive Director on the same date, citing personal reasons. The company confirmed there were no other material reasons for his departure.

Leadership Changes

The Board of Directors made these decisions during a meeting held on August 18, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The changes reflect a shift in executive responsibilities while maintaining continuity in board-level oversight through Arvind Pradhan Bhanushali’s continued tenure.

Meena Arvind Bhanushali brings experience in digital advertising and business operations, having been associated with HIFI Digital Advertisement since 2017. Her profile highlights coordination of business activities, client relationships, and operational support. She is the spouse of Arvind Pradhan Bhanushali, who remains an Executive Director on the board.

The appointment of Meena Arvind Bhanushali requires regulatory and statutory approvals. The company stated that she is not debarred from accessing capital markets or holding director office by any SEBI order or other authority. The Board noted that she holds no directorships in other listed entities.

The resignation of Kurjibhai Premjibhai Rupareliya was accepted with immediate effect. The company confirmed that all necessary statutory filings with the Registrar of Companies and other authorities would be completed in connection with his departure. The Board meeting commenced at 6:15 pm and concluded at 7:00 pm.